It’s the last trading day of the year! We had tax loss harvest trading on Friday morning as investors disposed of positions with large losses in an effort to reduce their tax bill. My pick for a reversal trade was … Read more

I hope everyone had a great holiday weekend! It was a short week heading into the end of the year. Remember that the market will be closed on January 2nd, the day after New Year’s Day. After wiping structure, the … Read more

We’ll do a quick recap of this week’s price action ahead of the long weekend. There is a list of “problems” we’re seeing on the monthly, weekly, and daily charts of the overall market. The SPX monthly chart has a … Read more